Waiting for exchange was the most stressful time of our lives. Child birth and becoming a parent was a walk in the park to compare.
We made an offer on the house in July 2021, plan was to exchange and move in by November 2021, but everything kept getting delayed. It took so long, we were giving up hope and we've gone through some major life changes during the process!
We were first time buyers, deposit ready to go, all documents, mortgage offer, etc in order.
Our sellers had a lot of delays on their side and were difficult to work with. Couldn't provide us with any documents related to the house despite being asked numerous times, like electrical safety check or any documentations related to work done like moving boiler to the loft, new windows etc (we know why now, most work was done by a friend of a friend). They had to changed their solicitors few months into process as well, so had to start everything again.
November has come and gone, I found a new job which I was due to start January 2022. My wife was due to give birth to our 2nd child in April 2022. On top of that we had to move out from our rental by end of January 2022, because our landlord was forced to move back in. After Xmas, my wife and I, our first kid and a cat, had to move in to a single room at my mother-in-law house away from where we were buying. We thought it would be just for few weeks, we ended up living in that room for 5 months.
By April 2022, our mortgage offer had about two weeks left before it would expire - we wouldn't be able to get the same deal we had and probably wouldn't be able to buy the house after. Our solicitors called us at 4PM one Thursday evening asking if we can exchange the next day. We had to get deposit to them the same day and get all of the paperwork we had signed delivered to them. Banks were closing at 5PM, so they really didn't leave us enough time. Sending my deposit was ok, but my wife's bank decided to block access to her account because they thought there was some fraudulent transactions going on. We had to go to the bank 10 minutes before it closed to do the transaction with them to get deposit over to our solicitors.
The next morning I got up at 7AM to rush to solicitors with all the paperwork, and then by later afternoon we were told exchange went through, and we got the keys week after.
I am getting stressed just thinking about that time